NuVista Energy Ltd. (TSE:NVA - Get Free Report) insider Paramount Resources Ltd. sold 6,000,000 shares of the stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of C$12.50, for a total transaction of C$75,000,000.00.
NuVista Energy Stock Down 1.8 %
TSE NVA opened at C$12.20 on Friday. The stock has a market cap of C$2.53 billion, a PE ratio of 7.39, a P/E/G ratio of 0.59 and a beta of 2.85. NuVista Energy Ltd. has a fifty-two week low of C$9.59 and a fifty-two week high of C$13.72. The business has a 50 day moving average price of C$11.40 and a two-hundred day moving average price of C$11.72. The company has a quick ratio of 0.78, a current ratio of 1.04 and a debt-to-equity ratio of 14.42.
NuVista Energy (TSE:NVA - Get Free Report) last released its earnings results on Thursday, February 29th. The company reported C$0.41 EPS for the quarter, missing the consensus estimate of C$0.49 by C($0.08). The business had revenue of C$365.50 million for the quarter, compared to analysts' expectations of C$364.00 million. NuVista Energy had a net margin of 29.12% and a return on equity of 18.16%. As a group, sell-side analysts predict that NuVista Energy Ltd. will post 1.5681818 EPS for the current fiscal year.
Analyst Ratings Changes
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A number of research firms recently issued reports on NVA. BMO Capital Markets set a C$17.00 target price on shares of NuVista Energy and gave the stock an "outperform" rating in a research report on Tuesday. National Bankshares dropped their target price on shares of NuVista Energy from C$15.00 to C$14.00 and set a "sector perform" rating for the company in a research report on Wednesday, January 10th. Raymond James dropped their target price on shares of NuVista Energy from C$18.00 to C$14.50 and set an "outperform" rating for the company in a research report on Friday, January 19th. CIBC upped their price target on NuVista Energy from C$15.00 to C$15.50 and gave the stock an "outperform" rating in a report on Friday, March 1st. Finally, Jefferies Financial Group set a C$13.00 price target on NuVista Energy and gave the stock a "buy" rating in a report on Tuesday, February 27th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$14.81.
Check Out Our Latest Report on NuVista Energy
About NuVista Energy
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NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.
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